Hilong Holding expects FY2025 net loss of up to RMB450 million

Reuters03-13
Hilong Holding expects FY2025 net loss of up to RMB450 million

Hilong expects a net loss of no more than RMB450 million for the year ended Dec. 31, 2025, based on a preliminary review of unaudited management accounts. The company reported a profit of RMB30 million for the year ended Dec. 31, 2024. The swing to a loss is mainly attributed to a loss on the disposal of a vessel.

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